Business Travel

McKinsey & Company report: how recovery is likely to happen

April 23, 2021 by Alice Kikuchi

When the COVID-19 pandemic halted travel around the globe, business travelers had to pivot quickly from in-person meetings and events to virtual platforms. As the pandemic continues and travel-industry players look ahead for a rebound, our research shows that the post-crisis return will take years and that business travel will return…

Business Travel

Calculating Travel Friction to Determine the True Cost of Travel

April 21, 2021 by Scott Toelle

Pop quiz: which of these business trips cost the most? Pencils down. Think you know the answer? Sorry, but that’s incorrect. The right answer to this (trick) question is D – “Not Enough Information.” Each of these trips could be considered the most expensive. Even trickier (sorry again), each of…

Business Travel

How Quantcast Saved 26% on Travel and Delighted Employees

April 16, 2021 by Kim Andreello

Business travel is tough, both for travelers and for their employers. Travelers have to uproot, deal with the logistics of booking and being on the road and wrestle with expense reporting. For employers, not only is travel expensive but it can sow disengagement among employees because of their aforementioned difficulties.

Business Travel

Study Finds COVID-19 Vaccine Key To Recovery of Business Travel

April 10, 2021 by Mikael Hellstrom

Business travel is on track to return to 70 percent of pre-COVID-19 levels by the end of 2021, with nearly two out of five business travelers around the world indicating that receiving the coronavirus vaccine is a priority before returning to travel. The study of more than 15,000 travelers from around…

Business Travel

New Research Shows Companies Plan to Return to In-Person Events

April 9, 2021 by Scott Toelle

While business travel in the near term still remains uncertain, one thing that is clear from new research from the Global Business Travel Association (GBTA) is that in-person events will come back. The GBTA reports that a majority of its companies expect their employees to return to in-person events, meetings…

Business Travel

Rocketrip and Concur for Business Travel

April 8, 2021 by Kim Andreello

There’s a lot that goes into managing corporate travel. A single organization might have separate tools that employees use to book trips, submit expenses, and manage their itineraries. On the back end, finance and travel managers often rely on multiple data sources to track spending and satisfy compliance requirements…

Business Travel

Unused Ticket Management Strategies for Asset Recovery

February 19, 2021 by Kim Andreello

Travel managers have always played a critical role in managing and recovering unused ticket assets held by their business, but after Covid-19, this role has never been more important. With millions at stake for some corporations, being able to define, manage, and recover unused ticket funds during the Covid-19 pandemic…

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